Is DeSantis Vs. Disney Hurting The Mouse House? What A Survey Reveals
Portfolio Pulse from Shanthi Rexaline
Disney's image has taken a hit due to its legal battle with Florida Governor Ron DeSantis, dropping 12 spots to the 77th position in the 2023 Axios Harris Poll 100. Disney's reputational quotient fell from 73.4 in 2022 to 70.9 in 2023. The company is facing challenges in its streaming business, box office, and cable subscriptions, as well as shareholder activism.
May 24, 2023 | 9:44 am
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Disney's legal battle with Florida Governor Ron DeSantis has negatively impacted its image, causing a drop in its reputational quotient. This may affect investor sentiment and stock price.
Disney's legal battle with Florida Governor Ron DeSantis has led to a decline in its image, as evidenced by its drop in the Axios Harris Poll 100. This negative publicity may cause investors to view the company less favorably, potentially leading to a decrease in stock price. Additionally, the company is facing challenges in its streaming business, box office, and cable subscriptions, as well as shareholder activism, which may further contribute to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100